Karl Deeter of Advisors.ie was mentioned in two papers, his commentary was via his role as Operations Manager with Irish Mortgage Brokers
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Frank Daly, has said that the Agency is exploring ways by which it can provide finance for commercial and residential property deals as part of its efforts to restart the Irish property market. Mr. Daly was speaking at the launch of the Society of Chartered Surveyors Ireland – the result of the merger of the Society of Chartered Surveyors and the Irish Auctioneers and Valuers Institute. The new society represents 4,000 professionals working in the construction, land and property professions.
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Tagged cheap houses, cheap property, discount property, former revenue, frank daly, irish market, low price mortgage, nama, national asset management agency, prices for property, property sales
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We had an opinion piece in the Sunday Business post this week on mortgages, the full version is in this posting, or you can get it on the Sunday Business Post website in the ‘news’ section.
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Tagged borrowing, finance, financial advice, investment property, irish property market, mortgage market, mortgages, nama, sbpost, sunday business post, tax relief at source, trs
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“It is probably going to be the first of several moves but how close those moves come together and how aggressive those moves are is something that remains to be seen,” said financial analyst and mortgage adviser Karl Deeter.
Conor Pope wrote in the Irish Times: “It is probably going to be the first of several moves but how close those moves come together and how aggressive those moves are is something that remains to be seen,” says financial analyst and mortgage adviser Karl Deeter. “Unfortunately there is only a lower limit on interest, there is no upward limit and in theory rates can go as high as they want to. If you look at our total number of mortgages and the number that are in distress versus where we probably should be, it is clear that thus far the low rates have has actually served us well and saved the country from having a much larger problem,” Deeter says.
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Tagged brokers, conor pope, deposit rates, ecb rate hike, ecb rates, finance, irish times, karl deeter, mortgage, mortgages, tracker mortgages
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This video is Fred Harrison doing what he does best, talking about the Henry George concept of rent seeking via land values and the need to tax same.
Georgism is a largely overlooked thesis unfortunately, but this is an opportunity to see one of its proponents putting forward a compelling case.
I asked Karl Deeter, operations manager with Irish Mortgage Brokers, what he thought of the IPC’s idea and he said: “It’s about time somebody called out the State on this bullshit. So far they’ve made every pathetic attempt possible to evade responsibility [for the financial crisis].
Figures compiled by Karl Deeter at Irish Mortgage Brokers showed that the size of the average first-time buyer mortgage peaked in the first quarter of 2008, at €251,000.
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“While banks may be able to contain bad-loan losses on their mortgage books, “a big and ongoing problem is that a large part of their mortgage books are based on ECB tracker rates, which banks are funding at a loss,” said Karl Deeter, operations manager with Dublin-based Irish Mortgage Brokers.”
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Tagged accountancy dublin, banking, bloomberg housing, bloomberg karl deeter, deeter on bloomberg, dublin accountants, financial news, irish banks, tax advisor dublin 2
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We were delighted to feature again on TV’s ‘The Morning Show with Sybil and Martin’ (although Brian was sitting in for Martin) on their monthly property slot.
This week we spoke about the necessity of price drops to get a property sold, it is likely the single most important factor, it is also overlooked that there is often a carry cost or opportunity cost loss if sellers don’t drop prices.
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Tagged 100% mortgages, apply for a mortgage online, brokers in dublin, irish mortgage broker, irish mortgage brokers, irish mortgage brokers pearse street, karl deeter, mortgage broker, mortgage broker dublin, mortgage brokers, mortgage brokers dublin, mortgage brokers ireland, www.irishmortgagebrokers.ie
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